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The differences between directors, business development and strategy and business development account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a director, business development and strategy, becoming a business development account manager takes usually requires 6-8 years. Additionally, a director, business development and strategy has an average salary of $154,933, which is higher than the $99,209 average annual salary of a business development account manager.
The top three skills for a director, business development and strategy include project management, market trends and product development. The most important skills for a business development account manager are business development, customer service, and customer relationships.
| Director, Business Development And Strategy | Business Development Account Manager | |
| Yearly salary | $154,933 | $99,209 |
| Hourly rate | $74.49 | $47.70 |
| Growth rate | 10% | 5% |
| Number of jobs | 160,378 | 222,573 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 78% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A director of business development and strategy spearheads and oversees a company's business development programs, ensuring efficiency and smooth workflow. They are responsible for setting goals and guidelines, establishing schedules and budgets, delegating tasks, and monitoring the progress of all operations, implementing solutions against problem areas. They must also gather and analyze data to identify the strengths and weaknesses of current procedures and develop strategies to optimize operations. Moreover, as a director, they must promote and enforce the company's policies and regulations, create new ones as needed.
A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
Directors, business development and strategy and business development account managers have different pay scales, as shown below.
| Director, Business Development And Strategy | Business Development Account Manager | |
| Average salary | $154,933 | $99,209 |
| Salary range | Between $107,000 And $224,000 | Between $57,000 And $170,000 |
| Highest paying City | Providence, RI | San Francisco, CA |
| Highest paying state | Rhode Island | New Hampshire |
| Best paying company | Mainline Health Systems | Meta |
| Best paying industry | Hospitality | - |
There are a few differences between a director, business development and strategy and a business development account manager in terms of educational background:
| Director, Business Development And Strategy | Business Development Account Manager | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between directors, business development and strategy' and business development account managers' demographics:
| Director, Business Development And Strategy | Business Development Account Manager | |
| Average age | 39 | 46 |
| Gender ratio | Male, 80.1% Female, 19.9% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |